SouFun Holdings Ltd. (SFUN): Today's Featured Internet Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

SouFun Holdings ( SFUN) pushed the Internet industry lower today making it today's featured Internet laggard. The industry as a whole closed the day down 0.1%. By the end of trading, SouFun Holdings fell $3.24 (-6.4%) to $47.35 on heavy volume. Throughout the day, 1,535,148 shares of SouFun Holdings exchanged hands as compared to its average daily volume of 659,000 shares. The stock ranged in price between $47.33-$50.70 after having opened the day at $50.70 as compared to the previous trading day's close of $50.59. Other companies within the Internet industry that declined today were: Net Element International ( NETE), down 8.6%, Deltathree ( DDDC), down 6.7%, Tremor Video ( TRMR), down 6.3% and ClickSoftware Technologies ( CKSW), down 5.7%.

SouFun Holdings Limited operates a real estate Internet portal, and a home furnishing and improvement Website in the People's Republic of China. SouFun Holdings has a market cap of $4.3 billion and is part of the technology sector. Shares are up 114.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate SouFun Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SouFun Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.